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via CoinDesk · By CoinDesk Staff
Why a hidden math metric shows bitcoin may be getting too cheap for investors to ignore
BTC
BTC/USDT
$63,058.49
-0.00%
$63,058.49
-0.00%
(24s)24h Volume
$2,454,334,377.30
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0026%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:02 PM UTC)
1 min read
A crucial bitcoin market indicator is signaling that the worst of the crypto crash might be over
The metric shows bitcoin's market price is getting close to its realized fair value after the recent sell-off.
After a massive selloff last week, one of bitcoin's BTC$62,945.93 closely watched onchain metrics is approaching a threshold that has historically marked bear market bottoms.
The metric is…
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